3824 47th Street, Sacramento, CA 95820, Sacramento, 95820 - 1 bed, 2 bath
ACTIVE$320,000
3824 47th Street, Sacramento, CA 95820
1Bed
2Baths
821Sqft
6,534Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, providing two separate rental units (1-bedroom and studio) for immediate income generation, appealing to investors.
Top Cons:
Advanced Age of Construction: Built in 1925, the property is nearly 100 years old, which may imply significant deferred maintenance, outdated infrastructure, and higher renovation costs.
Compared to the nearby listings
Price:$320.0K vs avg $519.0K ($-199,000)20%
Size:821 sqft vs avg 1,095 sqft33%
Price/sqft:$390 vs avg $34560%
More Insights
Built in 1925 (100 years old).
Condition: Built in 1925, this property is nearly 100 years old. The exterior image reveals significant wear and tear, including faded paint, an aged roof, and worn doors and windows, indicating a lack of recent maintenance. The MLS description explicitly highlights 'advanced age,' 'deferred maintenance,' and 'outdated infrastructure' as weaknesses, and positions the property as an 'investment for value addition through renovation, expansion, or redevelopment.' While no interior photos are available, the overall condition and age strongly suggest that the kitchen and bathrooms are severely outdated and require substantial renovation. The property fits the 'poor' criteria, necessitating significant repairs and rehabilitation to address its age-related defects and outdated systems.
Year Built
1925
Close
-
List price
$320K
Original List price
-
Price/Sqft
$390
HOA
$0
Days on market
-
Sold On
-
MLS number
225134999
Home ConditionPoor
Features
View-
About this home
3824 47th St in Sacramento, CA 95820 is a multifamily property located in the Central Oak Park neighborhood. Originally built in 1925, the building comprises two units: a 1-bedroom unit of approximately 500 square feet and a studio unit of about 350 square feet, totaling 850 square feet of living space. The property sits on a 6,534-square-foot lot zoned R-1, offering potential for expansion or redevelopment. The structure features a single story with amenities such as air conditioning, carpet, tile floors, and a yard. This property presents an opportunity for investors interested in income-generating assets with potential for value addition through expansion or redevelopment.
Price History
Date
Event
Price
02/08/18
Sold
$145,000
01/26/09
Sold
$46,000
06/16/06
Sold
$295,000
11/22/05
Sold
$209,500
12/29/04
Sold
$150,000
Condition Rating
Poor
Built in 1925, this property is nearly 100 years old. The exterior image reveals significant wear and tear, including faded paint, an aged roof, and worn doors and windows, indicating a lack of recent maintenance. The MLS description explicitly highlights 'advanced age,' 'deferred maintenance,' and 'outdated infrastructure' as weaknesses, and positions the property as an 'investment for value addition through renovation, expansion, or redevelopment.' While no interior photos are available, the overall condition and age strongly suggest that the kitchen and bathrooms are severely outdated and require substantial renovation. The property fits the 'poor' criteria, necessitating significant repairs and rehabilitation to address its age-related defects and outdated systems.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, providing two separate rental units (1-bedroom and studio) for immediate income generation, appealing to investors.
Significant Lot Size & Zoning: A generous 6,534 sqft lot zoned R-1 offers substantial potential for future expansion or redevelopment, adding significant long-term value.
Central Oak Park Location: Situated in the Central Oak Park neighborhood of Sacramento, which can offer good rental demand and accessibility to amenities.
Key Amenities Included: The property features essential amenities such as air conditioning and a private yard, enhancing tenant comfort and appeal.
Investment & Value-Add Opportunity: Explicitly positioned as an ideal investment for value addition through renovation, expansion, or redevelopment, attracting strategic buyers.
Cons
Advanced Age of Construction: Built in 1925, the property is nearly 100 years old, which may imply significant deferred maintenance, outdated infrastructure, and higher renovation costs.
Compact Unit Sizes: The individual units are quite small (500 sqft 1-bedroom, 350 sqft studio), potentially limiting rental income upside and tenant demographic appeal.
Limited Overall Living Space: With a total of 821-850 sqft across two units, the property offers very compact living, which could impact its market value or appeal without significant redevelopment.